SG Blocks Delivers 5500SF Restaurant to River Arts District in Asheville, NC

Smoky Park Supper Club Scheduled to Open Late Fall 2014

NEW YORK, May 16, 2014 (GLOBE NEWSWIRE) -- SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), the premier innovator of construction solutions utilizing code-engineered cargo shipping containers, today announced the completed installation of 19 SG Blocks in just 3 days for owners Matt Logan and Kristie Quinn in Asheville, NC. Their restaurant, Smoky Park Supper Club, is expected to be fully finished and open late fall. Douglas Hecker, Professor of Architecture at Clemson University and lead designer on the project connected the developers with SG Blocks.

"Smoky Park Supper Club will be the largest permitted container based restaurant in the US and we're very proud to be part of the group who delivered it. The venue's uniqueness should be a real draw in Asheville and we hope will garner the attention of other restaurateurs looking to build with speed and enhanced structural integrity," said David Cross, Company's VP of Business Development.

"Matt knew he wanted to use shipping containers for this project and SG Blocks was the perfect choice, bringing extensive knowledge of containers. We now have the structure we were looking for, it was a great experience working with them," said Kristie Quinn, Smoky Park Supper Club co-owner.

About SG Blocks:

SG Blocks is the premier innovator of commercial and private environments utilizing code-engineered cargo shipping containers. Providing solutions to some of the world's biggest companies and government agencies, SG Blocks offers cost effective container-construction technology that exceeds many standard building code requirements. The Company works with developers, architects, builders and owners to achieve faster execution, stronger high-value buildings, and greener construction. For more information, visit www.sgblocks.com.

Cautionary Note Regarding Forward-Looking Statements:

Information in this release that involves the expectations, plans, intentions or strategies of the Company regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release, they are identified by references to dates after the date of this release and words such as "will," "remains," "to be," "plans," "believes," "may," "expects," "intends," and similar expressions. The forward-looking statements in this release are based upon information available to the Company as of the date of this release, and the Company assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.

CONTACT: Jennifer Strumingher
         Chief Administrative Officer
         jstrumingher@sgblocks.com

Released May 16, 2014